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2023
Flag → Flag
Exports $16.3kRnk 140 / 159
2023
Flag → Flag
Top Product $8.35kOther Measuring Instruments
2023
Flag → Flag
Exports $8.37kRnk 109 / 139
2023
Flag → Flag
Top Product $4.63kAcyclic alcohol derivatives (halogenated, sulphonated, nitrated)
2023
Flag
Economic Complexity (ECI) ECI 0.21Rnk 53 / 132
2023
Flag  
GDP$164BCURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP GROWTH-6.01%CURRENT US$
Rnk 178 / 195
2023
Flag
 GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC $33,730CURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP PC GROWTH-32.1%CURRENT US$
Rnk 187 / 195
2023
Flag
GDP PC$23,804CURRENT US$
Rnk 52 / 196
2013-2023
Flag
GDP PC GROWTH23.3%CURRENT US$
Rnk 93 / 195

About

Kuwait-Barbados Trade: In 2023, Kuwait exported $16.3k to Barbados. The main products that Kuwait exported to Barbados were Other Measuring Instruments ($8.35k), Oscilloscopes ($7.28k), and Used Clothing ($651). Over the past 8 years the exports of Kuwait to Barbados have decreased at an annualized rate of 5.29%, from $25.1k in 2015 to $16.3k in 2023.

In 2023, Kuwait did not export any services to Barbados.

Barbados-Kuwait Trade: In 2023, Barbados exported $8.37k to Kuwait. The main products that Barbados exported to Kuwait were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($4.63k), Telephones ($2.63k), and Other Footwear ($1.11k). Over the past 8 years the exports of Barbados to Kuwait have increased at an annualized rate of 81.2%,  from $428 in 2015 to $8.37k in 2023.

In 2023, Barbados did not export any services to Kuwait.

Comparison In 2023,  Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21),  and 47 in total exports ($71B). That same year, Barbados ranked 171 in total exports ($421M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Kuwait exported $16.3k to Barbados. The main products exported from Kuwait to Barbados were Other Measuring Instruments ($8.35k), Oscilloscopes ($7.28k), and Used Clothing ($651). During the last 8 years the exports of Kuwait to Barbados have decreased at an annualized rate of 5.29%, from $25.1k in 2015 to $16.3k in 2023.

In 2018, Barbados exported $8.37k to Kuwait. The main products exported from Barbados to Kuwait were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($4.63k), Telephones ($2.63k), and Other Footwear ($1.11k). During the last 5 years the exports of Barbados to Kuwait have increased at an annualized rate of 81.2%, from $428 in 2023 to $8.37k in 2018.

Exports from Kuwait (Flag) to Barbados (Flag) (2023)

Exports from Barbados (Flag) to Kuwait (Flag) (2023)

Latest Data

Trade between Kuwait (Flag) and Barbados (Flag)

Barbados Exports

Market Competitiveness

Color
Kuwait
Top DestinationChina$17.4B
Barbados
Top DestinationUnited States$91M

This map shows whether countries import more from Kuwait or Barbados. Each country is colored based on the difference in imports they receive from Kuwait and Barbados or the difference in the growth in imports.

In 2023, countries that imported more from Kuwait than Barbados included China ($17.4B), India ($9.51B), and Japan ($9.13B).

In 2023, countries that imported more from Barbados than Kuwait included Jamaica ($71.2M), Trinidad and Tobago ($33.7M), and Guyana ($24.6M).

Difference in imports from Barbados (Flag) and Kuwait (Flag) (2023)

Comparative Advantage Kuwait - Barbados

Flow
Scale

This chart compares trade between Kuwait and Barbados by product, considering products traded by both, Kuwait and Barbados.

During 2023, Kuwait had a large net trade with Barbados in the exports of Instruments ($15.6k) and Textiles ($651).

During 2018, Barbados had a large net trade with Kuwait in the exports of Chemical Products ($4.63k), Machines ($2.63k), and Footwear and Headwear ($1.11k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Kuwait and Barbados. This means that a dot/product with the flag of Kuwait indicates it has a comparative advantage over Barbados. Similarly, a dot/product with the flag of Barbados indicates it has a comparative advantage over Kuwait.

Product Space of Kuwait (Flag) and Barbados (Flag) (2023)

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